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Strafford Economic Development Corporation

Dover, NH 3820

15
Loans Approved
$2.0M
Total Volume
$134K
Avg Loan Size
3
States Served

States Served

MassachusettsMaineNew Hampshire

Top Industries Financed

  • Full-Service Restaurants
  • All Other Professional, Scientific, and Technical Services
  • Caterers
  • Retail Bakeries
  • Sports and Recreation Instruction

Quick Summary

Strafford Economic Development Corporation is an SBA-approved lender headquartered in Dover, New Hampshire. Since 2020, they have approved 15 SBA 7(a) loans totaling $2.0M, with an average loan size of $134K. They serve businesses across 3 states.

About Strafford Economic Development Corporation

Strafford Economic Development Corporation is an SBA-approved lender headquartered in Dover, New Hampshire. Since 2020, they have approved 15 SBA 7(a) loans totaling $2.0M, with an average loan size of $134K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Strafford Economic Development Corporation an SBA Preferred Lender?

Strafford Economic Development Corporation is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Strafford Economic Development Corporation approved?

According to SBA FOIA public records, Strafford Economic Development Corporation has approved 15 SBA 7(a) loans totaling $2.0M since 2020. Their average loan size is $134K.

What states does Strafford Economic Development Corporation serve?

Strafford Economic Development Corporation serves businesses in 3 states: Massachusetts, Maine, New Hampshire.

How do I apply for an SBA loan with Strafford Economic Development Corporation?

To apply for an SBA 7(a) loan with Strafford Economic Development Corporation, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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